The Property Market in the UK - Assignment Example

Competition in the uk mortgage market did not yield the expected boost to economy Introduction The inter-relationship between the housing market and the mortgage sector has the focus of many researchers.... The UK too experienced housing bubble burst as a reported 37,749 homeowners in the uk lost their homes to the bank between March and June 2008 (Seeking Alpha, 2008).... Research Aims and Objectives With the objective to determine that competition in the uk mortgage sector did not yield the expected returns and was in fact responsible for the housing bubble, the objectives of the study are: To evaluate the measures that the government took in boosting the housing sector To list the incentives that the government provided to enhance competition in the mortgage market To evaluate the impact of the cheap lending rates in the housing market on the UK economy Literature Review While traditionally building societies were responsible for financing house owners, the concept changed in the 1980s....

The Consumer Prices Index (CPI) and Retail Prices Index (RPI) are used in uk to measure inflation and usually have separate values.... s many borrowers defaulted on payments, the financial institutions felt the credit crunch which reflected on other developed economies such as uk.... The lenders in uk tightened their loan conditions in response to the US financial slump, especially in the sub prime market which has influenced the price of property in uk....

nbsp;… Latent property value: The latent property value is defined as the value possessed by a property that has the potential for redevelopment because it is currently not employed at its highest and best use for the property.... If we see the government policies and regulations it affects the value of the property, demand of the property.... It is generally used in trading premises but also restricted to the property that changes hand on freehold basis....

property market Real e business is a hugely profit making business.... he reasons for the properties producing high income is leasing it out or renting the property for a specified period of time.... Since outskirts will be a new place to establish, developers raise the property keeping in mind the space required for offices, commercial establishments, military units and staff quarters for employees to reside.... Newly established property prices touch the skies means the prices are always soaring high allowing only rich and effluent people to purchase the property....

This essay "Property Prices in the uk" discusses, how Britain has always been short of property supply against its mammoth demand of terra firma.... hellip; The availability of land is a geographical factor that helps determine the property prices and the trend of the property markets.... Property prices will be a lot higher in urban areas as and when compared to those in the rural areas, due to the fact that the infrastructural requirements in the urban regions are completely fulfilled and also that the property in an urban area will be worth due to the fact that the city will fulfill all the needs....

Over the period of time, the property market has surged to a point where it is now considered as one of the reasons for failure of UK's financial system and… In order to understand that property market, it is critical that we must understand the correlation it shares with different other markets in the economy.... This effect has been so much that it was estimated that more than 590 billion British Pounds were wiped out from the property market only during 2008....

In regard to this, CK-E-LINK will ensure that customers post all the required details regarding her customers in the uk.... CK-E-LINK will make good use of both human and financial resources to improve the quality of services and expand her roots in the uk market and even beyond.... The effective utilization of the eight key strategies will help in improving her performance in the uk market an even beyond.... The simple model involves the five steps strategies: identifying features and technologies to be embedded on the products, identify and segment market targets within the uk and even beyond for convenience and expansion, confirm the available revenue streams for each segment, design the mechanisms to be used in capturing value within the segments and then create values for each segment while trying to entice good payments for better profits (Winter)....

According to the BBC (2015), the World Economic Forum highlighted the imminent dangers of an increase in inequality in the uk that may hinder social cohesion and economic progress.... The purpose of this review is to examine the effectiveness and efficiency of the poverty and social justice policy in the uk.... Remarkably, there are 300,000 households, in the uk, where none of the adults has had the opportunity to work.... n the uk, policymakers and authority tend to use household's income relative to the national average in the course of measuring poverty....